Ashton Thomas Private Wealth LLC Purchases 4,035 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Ashton Thomas Private Wealth LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 31.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 16,814 shares of the company’s stock after purchasing an additional 4,035 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $996,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after acquiring an additional 494 shares during the period. Headlands Technologies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth $29,000. Kings Path Partners LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth $31,000. Russell Investments Group Ltd. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth about $34,000. Finally, Rothschild Investment LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at about $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $62.71 on Thursday. The firm has a market cap of $12.93 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $46.36 and a 52 week high of $63.72. The firm’s 50-day simple moving average is $59.24 and its two-hundred day simple moving average is $56.92.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.22%.

First Trust NASDAQ Rising Dividend Achievers Profile

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.